Zacks Investment Research downgraded Texas Capital Bancshares Inc (NASDAQ:TCBI) to Hold in a statement released earlier today.
- Updated: April 21, 2017
Having a price of $73.80, Texas Capital Bancshares Inc (NASDAQ:TCBI) traded 0.20% higher on the day. With the last close down -2.70% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. TCBI has recorded a 50-day average of $83.16 and a two hundred day average of $76.03. Trade Volume was down over the average, with 373,010 shares of TCBI changing hands under the typical 708,253
Zacks Investment Research has downgraded Texas Capital Bancshares Inc (NASDAQ:TCBI) to Hold in a statement released on Friday April 21, 2017.
Recent Performance Chart
Texas Capital Bancshares Inc has PE ratio of 23.79 with a one year low of $40.90 and a one year high of $93.35 and has a market capitalization of $0.
A total of 15 analysts have released a report on Texas Capital Bancshares Inc. Three analysts rating the company a strong buy, three analysts rating the company a buy, 8 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $46.40.
About Texas Capital Bancshares Inc (NASDAQ:TCBI)
Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.
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